Karnataka Bank has opened its 849th branch at Wardhaman Nagar in Nagpur on March 6, 2020 and the bank has also opened 850th branch at HBR Layout in Bengaluru on the same date.
Earlier, the bank has opened its 848th branch at Penukonda in the state of Andhra Pradesh on December 30, 2019.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.